Page 392 - Fire Insurance Ebook IC 57
P. 392

Fire and Consequential Loss Insurance

    limited coverage under the policy.
(iii) Preservation of property - Accidental loss or

    damage of property removed or stored temporarily
    for the purpose of preservation.
(iv) Fire Department Service charge - This covers
    the payment charged by local ordinance.
(v) Valuable papers and records - The cost to
    research, replace or restore the information on lost
    or damaged papers and records, including electronic/
    magnetic media.
(vi) Off-Premises extension - Property temporarily
    stored away from the insured premises.
(vii) Outdoor property such as outdoor fences, radio
    and television antennas, plants etc.

Insured Perils: Three forms are available: Basic,
Broad and Special forms.

The Basic form covers:
(i) Fire.
(ii) Lightning.
(iii) Explosion.

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